Federal Agencies Release New Final Rule Governing the Community Reinvestment Act

Today, the Federal Reserve, Federal Deposit Insurance Corporation, and Treasury’s Office of the Comptroller of the Currency released their long-awaited new Final Rule designed to modernize and enhance the federal government’s administration of the Community Reinvestment Act (CRA). The Final Rule takes effect on April 1, 2024.

Creating Connections at OFN’s Annual Meeting

The NCN team participated in the 2023 Opportunity Finance Network (OFN) Conference in Washington, D.C. from October 15-18. NCN CEO, Pete Upton, addressed the Native convening session, providing an update on policy advocacy wins of 2023 to date, submission of the only exclusively Native-serving application to the EPA’s Clean Communities Investment Accelerator program, and information about NCN’s upcoming Native clean energy finance market study. 

NCN Expands Its Historic Indian Country Bid for Clean Energy – Partners with Climate United

NCN is supporting an application to the National Clean Investment Fund (NCIF) program with Climate United, a consortium comprised of Calvert Impact, Community Preservation Corporation, and Self-Help. NCN’s CEO, Pete Upton, will serve on Climate United’s Advisory Council.

Native CDFI Network Submits Only Exclusively Native-Serving Application to EPA’s Clean Communities Investment Accelerator Award Program in Historic Indian Country Bid for Clean Energy

In a historic bid to catalyze clean energy infrastructure development in Native communities across the entire nation, today the Native CDFI Network (NCN) submitted a comprehensive Indian Country application to the Clean Communities Investment Accelerator (CCIA), one of three award programs under the U.S. Environmental Protection Agency (EPA) Greenhouse Gas Reduction Fund.

NCNs CEO Pete Upton Presents at the Tribal Business News Great Lakes Tribal Summit  

Under the theme “Native CDFIs | Funding Native Housing, Tribal Economies,” Upton passionately conveyed the pivotal role that Native Community Development Financial Institutions (CDFIs) are playing in supporting Native homeownership, empowering Indigenous small businesses, and fueling community development initiatives within Indian Country.